MJ Group is pleased to present a rare boutique multifamily investment opportunity located in the centrally positioned and rapidly evolving community of Central McDougall in Edmonton. This modern stacked 3-storey, 8-unit property offers investors the ability to secure a well-designed, purpose-built asset in an inner-city neighborhood where rental demand continues to strengthen. Opportunities to acquire newer construction multifamily assets in core communities like Central McDougall remain limited, making this an attractive entry point for both new and experienced investors.

What makes this opportunity even more compelling is the ability to leverage CMHC-backed financing under the MLI Select program, offering up to 50-year amortization and as low as 5% down. This financing structure allows investors to acquire a cash-flowing asset with minimal capital deployment while optimizing long-term returns. For investors seeking efficient scale in a high-demand rental corridor, this asset presents a strategic opportunity within Edmonton’s core market.

Central McDougall benefits from its immediate proximity to Downtown Edmonton, NAIT, and major healthcare institutions including the Royal Alexandra Hospital. The area is well-connected through key transit routes and arterial roadways, providing seamless accessibility across the city. This prime location continues to attract a diverse and stable tenant base, including students, healthcare professionals, and working individuals seeking proximity to employment hubs and urban amenities.

In addition to its strong location fundamentals, Central McDougall is undergoing ongoing revitalization supported by new development, infrastructure investment, and increased residential density. This transformation is driving long-term appreciation while maintaining consistent rental absorption. The combination of central positioning and neighborhood growth enhances the overall investment profile, offering both immediate income potential and future upside.

From a supply perspective, purpose-built rental assets of this scale and quality are rarely brought to market in Central McDougall, where land availability and development constraints limit new multifamily inventory. This creates a favorable supply-demand dynamic that supports strong occupancy and rental growth. With its efficient stacked layout, modern design, and positioning within a proven inner-city rental corridor, this 8-unit property represents a compelling opportunity to acquire a high-performing, income-generating asset with durable long-term fundamentals.